17 Grenfell Way, Leeming WA 6149
17 Grenfell Way, Leeming WA 6149
6 bed extended family house | 735m² with pool | 1994 second-storey addition | multigenerational-ready layout | Leeming family belt
This is a genuinely rare configuration for Leeming. Most homes in this suburb sit as single-level 1970s builds on similar blocks, but this one has been substantially extended into a 255m² two-storey layout with six bedrooms, three bathrooms, and three separate living zones. That kind of flexibility is what large families and multigenerational households struggle to find in established suburbs, and it’s why this property sits at the upper end of what Leeming typically offers. The pool, shed, and outdoor entertaining area round out a package that feels more like a modern family compound than a standard older home. It will suit buyers who need space for teenagers, grandparents, or home-office separation without leaving the convenience of Murdoch, Fiona Stanley Hospital, and the freeway corridor.
The 1977 base with a 1994 addition means the property carries some age-related considerations. Buyers should look closely at the condition of the roof, windows, and electrical systems from the original build, as well as how well the two storeys were integrated. The evaporative cooling and split-system units may be nearing replacement age, and the pool will require ongoing maintenance. The L-shaped frontage on a corner block is a positive for privacy and outdoor use, but it also means more fencing and hard surfaces to manage. These factors may influence how much a buyer budgets beyond the purchase price, and they may also shape how the property is positioned against newer or more recently renovated competition in the area.
|| Comparable Sales: 17 Grenfell Way sold at $1.2M; nearby 17 Gracechurch Crescent listed around $1.395M | Property Price Band: $1.2M–$1.3M | Value Drivers: extended floor area, corner block with pool, six-bedroom layout for multigenerational buyers
Detailed Independent Property Report prepared by PropCred Analyst team for 17 Grenfell Way, Leeming WA 6149
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
Leeming, a southern Perth suburb, is defined by acute scarcity. Houses sell in a median 8 days and the vacancy rate is 0.29%, indicating severe supply-demand mismatch. The median house price rose 16.81% to $1,250,888 (REIWA), though estimates range to $1.37M. Demand comes from high-income households (median weekly income above $2,325) chasing limited stock—125 house sales and only 8 unit sales in 12 months. Rental pressure is intense: median house rent is $820–$850 weekly, with gross yields around 3.55%. School quality and transport links are not documented. Future growth faces affordability headwinds above $1.2M and interest-rate sensitivity, with no explicit demand drivers beyond scarcity.
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PropCred Estimated Value
Comparable Sales: 17 Grenfell Way sold at $1.2M; nearby 17 Gracechurch Crescent listed around $1.395M | Property Price Band: $1.2M–$1.3M | Value Drivers: extended floor area, corner block with pool, six-bedroom layout for multigenerational buyers
Bedrooms
6
Bathroom
3
Parking
2
Land
735m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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